We characterize two important notions of amenability and compactness
of
a locally compact quantum group ${\mathbb G}$ in terms of certain
homological
properties. For this, we show that ${\mathbb G}$ is character
amenable if and only if it is both amenable and co-amenable.
We finally apply our results to
Arens regularity problems of the quantum group algebra
$L^1({\mathbb G})$; in particular, we improve an interesting result
by Hu, Neufang and Ruan.